Enhanced near-infrared (NIR) luminescence from two structurally related heterobinuclear NaIYbIII eight-cooridnate and heterobinuclear YbIIINaI eight-coordinate (CN = 8) complexes is reported and compared to a nine-coordinate (CN = 9) homoleptic complex. For the heteroleptic complex, [Yb­(MPQ2)­(acac)], the YbIII cation is coordinated to two tridentate 2-(5-methylpyridin-2-yl)-8-quinolinate (MPQ) anions, with a bidentate acetylacetonate (acac) anion completing the coordination sphere. Instead, the heterobinuclear [NaYb­(MPQ)4] complex comprises a total of four anionic MPQ ligands, two of which exhibit κ3-coordination to the YbIII cation. The remaining two MPQ anions are unidentate toward the lanthanide and form μ2-bridges via the deprotonated quinolinate oxygens to a bound NaI cation which is also coordinated to the remaining nitrogen donor atoms. The structural properties of these complexes were evaluated by single-crystal X-ray diffraction (SXRD), continuous shape measure (CShM) analysis, and 1H NMR spectroscopy using a diamagnetic LuIII analogue. The corresponding photophysical properties were examined in CH2Cl2 solution by using absorption and emission spectroscopy. For both the complexes, characteristic YbIII emission is observed at ca. 980 nm, with recorded photoluminescence quantum yields (Φobs) and NIR luminescence lifetimes (τobs) of 2.0% and 14.0 μs vs 1.5% and 11.6 μs for the [NaYb­(MPQ)4] and [Yb­(MPQ)2(acac)] complexes, respectively. Interestingly, the eight-coordinate YbIII complexes both have higher photoluminescence quantum yields when compared to the homoleptic [Yb­(MPQ)3] complex, which has a reported quantum yield of 1.0% and a NIR lifetime determined herein of 13.3 μs under identical conditions. These results have been rationalized by considering the overall efficiency of the ligand-centered sensitization process (ηsens = Φisc × Φeet), together with subsequent radiative (k r) and nonradiative (k nr) deactivation of the YbIII cation. Moreover, the efficiency of the intersystem crossing (Φisc) and electronic energy transfer (Φeet) processes involved in the antennae effect have been quantified for the new complexes using a combination of nanosecond and femtosecond transient absorption techniques and have been compared to our previous results using [Ln­(MPQ)3] complexes with Ln = Yb and Lu.